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Malaysian PM launches digital economy blueprint

Malaysian Prime Minister Muhyiddin Yassin on February 19 launched MyDigital - the Malaysia Digital Economy Blueprint - that will chart the growth trajectory of the country's digital economy development.
Malaysian PM launches digital economy blueprint ảnh 1Malaysian Prime Minister Muhyiddin Yassin  (Photo: VNA)

Kuala Lumpur (VNA) – MalaysianPrime Minister Muhyiddin Yassin on February 19 launched MyDigital -  the Malaysia Digital Economy Blueprint - thatwill chart the growth trajectory of the country's digital economy development.

During the virtual launching ceremony ofthe initiative, he said the digital economy is expected to contribute 22.6percent of Malaysia’s gross domestic product, adding that the government istargeting a 30 percent increase in productivity by 2030.

The MyDigital initiative aims to empower everyMalaysian, to improve their lives in all aspects, he underscored.

It includes ideas and plans to improvedigital literacy, creates high-income employment opportunities, makes bankingand finance business easier and more organised, provides virtual educationalaccess to children in the country and brings medical facilities to remotetowns.

It also serves as a digital transformationdirection plan that is able to drive the business sector to compete on theglobal arena by enhancing expediency and efficiency of their operations.

The initiative is expected to create500,000 new jobs. In addition, the Malaysian government will also assist875,000 micro-, small- and medium-sized enterprises to go digital viae-commerce. It will also catalyse 5,000 start-ups within the next five years./.

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